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LONDON (Reuters) - U.S. private equity firm Silver Lake has bought a 10% stake in Manchester City’s Abu Dhabi-controlled owner, adding to its $43 billion worth of investments which include the world’s best-known sports venues and teams as well as technology companies.
Its portfolio generates more than $230 billion in revenue each year, according to its website.
Among its investments are stakes in the following companies:
Chinese e-commerce giant Alibaba Group 1060.HKBABA.N
Chinese ride hailing firm Didi Chuxing
World's No. 3 PC maker Dell Technologies DELL.N
Madison Square Garden Co MSG.N, which owns the eponymous arena and other assets including stakes in the New York Knicks basketball and Rangers hockey teams
Endeavor - U.S. entertainment and talent agency. Its businesses here run the gamut from talent agency WME, which represents the likes of actor Dwayne Johnson, to mixed martial arts promotion company Ultimate Fighting Championship
Fanatics - e-commerce company focused on sports merchandise
Learfield IMG College - largest U.S. collegiate sports marketing company
Oak View Group - U.S. entertainment and sports venue company
TEG - live entertainment and ticketing company based in Australia
Source: Silver Lake website
Reporting by Josephine Mason. Editing by Carmel Crimmins